Yahoo Finance Macmahon Holdings Full Year 2023 Earnings: EPS Misses Expectations
Macmahon Holdings (ASX:MAH) Full Year 2023 Results
Key Financial Results
Revenue: AU$1.91b (up 13% from FY 2022).
Net income: AU$57.7m (up 111% from FY 2022).
Profit margin: 3.0% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue.
EPS: AU$0.028 (up from AU$0.013 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Macmahon Holdings EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.7%.
Looking ahead, revenue is expected to decline by 4.1% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Australia are expected to grow by 1.6%.
Performance of the Australian Metals and Mining industry.
The company's shares are up 3.2% from a week ago.
Valuation
Our analysis of these results suggests Macmahon Holdings may be undervalued based on 6 important criteria we look at. Discover what analysts are forecasting and how the current share price shapes up by clicking here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
